Core Scientific Names New CFO, Jim Nygaard, to Succeed Denise Sterling
Core Scientific announces Jim Nygaard as the new CFO, following the contributions of outgoing CFO Denise Sterling, as shares see a 2% rise in pre-market.

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Core Scientific announces Jim Nygaard as the new CFO, following the contributions of outgoing CFO Denise Sterling, as shares see a 2% rise in pre-market.
The U.S. Senate is preparing to vote on the possible repeal of an IRS rule considered a significant threat to decentralized finance (DeFi) projects.
The U.S. SEC is retracting its involvement in many major crypto lawsuits initiated under former Chair Gary Gensler, yet significant cases remain ongoing.
Crypto.com has introduced a plan to reissue 70 billion CRO tokens, sparking considerable backlash within its community due to concerns over diluting their value.
Bitcoin holds above $92,000, driving significant gains in crypto-related equities, especially Strategy and Coinbase.
Metaplanet has acquired an additional 156 BTC, raising its total to 2,391 BTC, with a significant gain from its bitcoin investments.

The price of Bitcoin skyrocketed to over $93,000 on Sunday, resulting in nearly $600 million in losses for traders who had bet against major cryptocurrencies.
The recent spike in Bitcoin's price aligns with President Trump's announcement of a strategic crypto reserve, highlighting a resurgence in investor interest.
Coinbase CEO Brian Armstrong has suggested a Bitcoin-focused approach for the U.S. strategic reserve, highlighting Bitcoin's potential as a superior choice for the nation.
A significant portion of cryptocurrency losses in February resulted from a single hack on Bybit, amounting to $1.4 billion.
Following President Trump’s announcement regarding a strategic crypto reserve, XRP, SOL, and ADA experience a significant surge on Coinbase, indicating robust U.S. demand.
Market participants express doubt about the establishment of a U.S. Bitcoin reserve amid recent announcements.

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